Retail Decisions (ReD), is pleased to announce, Making Payments Simple and Secure, a Global Symposium covering topics related to fraud prevention, payment processing and international acquiring. The event will take place 1-3 February 2006 in Monte Carlo at the Columbus Hotel, Monaco.

Following successful symposiums hosted by ReD in the USA; this exclusive Monte Carlo event will provide delegates with the opportunity to hear from top industry experts from around the world. Speakers will share their experiences and detail best practice on a wide variety of topics including, The Cashless Revolution: Opportunities and challenges retailers face over the next 5 years, e-Fraud a Growing Menace: The evolution of fraud patterns as new technology emerges, and Direct Debit: Learn how Direct Debit could change the payments landscape.

Anne Sheedy, Head of Operations, CIFAS:

"We are delighted to participate in Making Payments Simple and Secure. ReD will be bringing together multi-channel retailers, global acquirers and vendors to debate the many challenges our industry is facing now and into the future."

Commenting Carl Clump, Chief Executive of ReD, said:

"ReD's mission is to reduce payment fraud for multi-channel retailers. In order to further provide an understanding of the payments industry amongst multi-channel retailers we have created an event that will facilitate debate and sharing of knowledge through our international contacts."

For further information visit the Making Payments Simple and Secure website http://www.redplc.com/montecarlo or call +44(0)-1483-794916 (UK) / +1-650-353-5033 (USA).

ABOUT ReD

Retail Decisions (ReD) is an operator of fuel cards and a world leader in card fraud prevention and payment processing.

ReD is international -- based in the UK, US, Australia and South Africa with representation in Japan and South America -- and has over 17 years experience in the fraud prevention market.

ReD is a niche supplier to the payments industry worldwide and is a recognised industry leader with a blue-chip international client base. ReD's customers come from the telecommunications, retail, travel, petroleum, banking and the broader e-commerce sectors.

ReD's international blue-chip clients include: Wal-Mart, Macy's, Bloomingdale's, Tesco, Texaco, Shell, Asda, Comet, Travelocity, T-Mobile and Virgin Mobile.

ReD has Fuel Card Operations in Australia, the UK and Europe.

In Australia, ReD's Fuel Card operation is the largest multi-branded card business in that region. 'Multi-branded' -- can be used in more than one brand of filling station. ReD's cards are accepted at almost all of the 6,500 fuel stations throughout Australia and at around 8,250 other outlets that provide services for business drivers.

In the UK and Europe, ReD's fuel card business is the UK's second largest operator in the independent fuel card and 'bunkering' sector by fuel volume with over 65,000 cards in issue and around 6,300 live customer accounts. Clients include DHL, Norfolk Line and P&O Ferry Masters, amongst others.

Red's Fraud Prevention Operation provides services that maximise the transactions that can be safely accepted (i.e. maximises profits) while minimising a client's exposure to fraud. It also dramatically reduces in-house fraud checking costs. ReD currently protects over 50,000 points of sale globally.

ReD's market for Fraud Prevention services is split into three areas: 1) Card Present (CP) eg in-store purchases; 2) Card Not Present (CNP) eg cards accepted over the Internet by telephone, mail order or via interactive TV and; 3) Non-Card eg cheque payments. The major growth area for ReD is CNP, which is growing at 50% p.a. organically in transaction volumes.

ReD's Payment Processing Operation involves connecting global clients electronically with the international banking & payment communities. ReD's payment processing portfolio includes in-house systems and outsourced payment gateway services.

Source: Retail Decisions

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